Common use of GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS Clause in Contracts

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 95 contracts

Sources: Continuing Guarantee of Payment and Performance (Lodging Fund REIT III, Inc.), Commercial Guaranty (OFS Capital Corp), Commercial Guaranty (OFS Capital Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 48 contracts

Sources: Commercial Guaranty (LBBB Merger Corp.), Business Loan Agreement (AmpliTech Group, Inc.), Guaranty (Manufactured Housing Properties Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth froth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver wavier shall be effective only to the extent permitted by law or public policy.

Appears in 4 contracts

Sources: Commercial Guaranty (Sportsline Usa Inc), Commercial Guaranty (Innovative Card Technologies Inc), Commercial Guaranty (Innovative Card Technologies Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences consequences, and that, that under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any of such waiver waivers is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policylaw.

Appears in 3 contracts

Sources: Assignment of Lease (Redenvelope Inc), Assignment of Lease (Redenvelope Inc), Assignment of Lease (Redenvelope Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver wavier shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Sources: Disbursement Request and Authorization (California Beach Restaurants Inc), Business Loan Agreement (Transcrypt International Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Sources: Commercial Guaranty (Lm Funding America, Inc.), Commercial Guaranty (Lm Funding America, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set Set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Sources: Commercial Guaranty (ProUroCare Medical Inc.), Commercial Guaranty (ProUroCare Medical Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences consequences, that Guarantor has had an opportunity to consult with its attorney regarding this Guaranty and the waivers contained herein, and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 2 contracts

Sources: Conditional Terminating Guaranty (Wells Mid-Horizon Value-Added Fund I LLC), Conditional Terminating Guaranty (Wells Mid-Horizon Value-Added Fund I LLC)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants ------------------------------------------------- and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Packaging Dynamics Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or lawlaw . If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Metretek Technologies Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Promissory Note (Vaughan Foods, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with the Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Emergent Information Technologies Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and are not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Omnibus Addendum to Promissory Notes (Genitope Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences significances and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Disbursement Request and Authorization (Expresspoint Technology Systems Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full lull knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Dougherty's Pharmacy, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policylaw.

Appears in 1 contract

Sources: Promissory Note (Fafco Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public public, policy.

Appears in 1 contract

Sources: Commercial Guaranty (Adcare Health Systems Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are and reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Klein Engines & Competition Components Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver wavier is determined to be contrary to any applicable law or public policy, such waiver wavier shall be effective only to the extent permitted by law or of public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Elecsys Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is CONTINUING AND UNCONDITIONAL GUARANTY - 99 made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Credit Agreement (Jore Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver waivers shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Free Standing Commercial Building Lease (Star Telecommunications Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstancescircurnstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver waivar shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Corporate Resolution to Borrow (Arc Communications Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective affective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Adcare Health Systems, Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, COMMERCIAL GUARANTY (Continued) -------------------------------------------------------------------------------- under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Security Agreement (Ophthalmic Imaging Systems)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public pubic policy.

Appears in 1 contract

Sources: Loan Agreement (Petmed Express Inc)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Guaranty Agreement (Penn Octane Corp)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's full knowledge of its significance and consequences and that, under the circumstancescircumstanced, the waivers are reasonable and not contrary to public or policy or law. If any such waiver is determined to be contrary to any applicable law or of public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Commercial Guaranty (Nationwide Financial Solutions, Inc.)

GUARANTOR'S UNDERSTANDING WITH RESPECT TO WAIVERS. Guarantor warrants and agrees that each of the waivers set forth above is made with Guarantor's ’s full knowledge of its significance and consequences and that, . under the circumstances, the waivers are reasonable and not contrary to public policy or law. If any such waiver is determined to be contrary to any applicable law or public policy, such waiver shall be effective only to the extent permitted by law or public policy.

Appears in 1 contract

Sources: Business Loan Agreement (AmpliTech Group, Inc.)